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Which of the following best indicates the importance of business environment? -

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Question

Which of the following best indicates the importance of business environment?

Options

  • Improvement in performance

  • All of these

  • Coping with rapid changes

  • Identification

MCQ

Solution

All of these.

Explanation:

The business environment enables companies to find opportunities and gain a competitive advantage by being first to market, coping with rapid change, and improving performance.

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Importance of Business Environment
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